Home Office Travel Underwriter

  • AIG
  • Houston, Texas
  • May 27, 2021
Full time Office and Administrative Support

Job Description

About the role:Home Office Travel Underwriter will be responsible for executing underwriting strategy for Individual Travel products by producing profitable and sustainable business.The role would encompass executing strategic planning, product development, portfolio management, process and audits. The person will be responsible for implementing internal underwriting guidelines and procedures. This role will also serve as the first point of reference and expertise for Home Office Individual Travel referrals and will report into the Global Travel Underwriting Officer.Main Duties & Responsibilities:Maintain, develop and grow the existing customer baseDirect accountability for the underwriting results with respect to profitability and loss ratio for assigned Individual Travel business.Adhere to and ensure all applicable underwriting guidelines and principals are practiced and followedUnderstand and monitor profitability as measured by GAAP, Loss Ratios and Combined ratiosWork closely with client and internal project management team to understand client's product requirements and provide innovative solutions to meet those requirements ensuring profitability and sustainability.Proactively monitor and manage loss (and expense) ratio performance for the various assigned business, large cases, programs and distribution segments and recommend corrective action to RUM as needed. Responsible for the execution of agreed underwriting corrective action plansContinuously execute corrective action plans and re-evaluate performance of said action plans to conduct ongoing portfolio management as needed to maintain targeted loss (and commission) ratio performance.Drive underwriting renewal strategy and ensure effective utilization of monitoring standards including quality reviews to assess underwriting results, loss ratio, renewal retention and rate changesImplement action plans based on audit recommendations and findingsAchieve service levels by managing workflow between underwriting and distributionTechnical Skills and Expertise:Demonstrated relevant UW experienceMaster's in Management or equivalent preferred.Proven A&H technical underwriting skills. Knowledge of travel product underwriting preferred.Strong understanding of A&H insurance products.Experience managing large and complexity accounts.Analytical and quantitative skillsStrong execution and results orientationStrong communication and influencing skills and proven ability to collaborate and work across multiple areas of the organizationWell-developed planning, organizational, presentational and budgeting skillsSelf-motivated and able to establish and execute multi-faceted projects.Proficient at Microsoft Office suite.A look at our benefits